International Trader - Europe

Glencore Xstrata Poised to Rebound

Now that Glencore Xstrata's merger is complete, the miner can focus on cutting costs, paying down debt, and growing earnings.

Commodities giant Glencore Xstrata looks like a diamond in the rough, despite upheaval in the boardroom and a slowdown in the mining industry.

The company, which is based in Baar, Switzerland, and trades in the U.K. and Hong Kong, is focused on a strategy that could reward shareholders in the next couple of years. Specifically, it is looking to grow on the back of rising demand for commodities from emerging markets and sustained demand in developed markets. If all goes according to plan, the shares (ticker: GLEN.U.K.)...